Graduation · Lesson 65 of 66
Your First 90 Days
A week-by-week plan from closing to a stabilised listing, in the order things actually have to happen.
5 min read +10 XP
From closing to a stabilised listing, in the order things actually have to happen. Most of the expensive mistakes in this course are timing mistakes, and this is the antidote.
Before closing
- Start the DBPR application. Six weeks is normal and it is your longest lead time.
- Register for state sales tax; open the county tourist tax account.
- Get the STR insurance policy quoted and scheduled to be live on the day you take title.
- Line up a cleaner and a backup cleaner.
Weeks 1–2 — make it legal and safe
- County business tax receipt and STR registration. City one too, if applicable.
- The life-safety list: pool barrier or alarms, smoke and CO alarms, extinguisher, egress. $200–$600 and it is not optional.
- Smart lock fitted. Noise monitor fitted.
- Name your responsible party, and make sure they actually agreed to it.
Weeks 2–5 — make it rentable
- Furnish. Budget $18K–$40K depending on size, and treat it as acquisition cost.
- Three-par linen, all white, one brand.
- Build the supply closet: two turns’ worth of every consumable.
- Professional photography. $400–$700, and the highest return on this page.
- Write the listing to match the house you actually have.
Got it? Now the part that tests your nerve.
Weeks 5–12 — the review ramp
- Turn on dynamic pricing with a floor and seasonal minimums on peak weeks.
- Set the four scheduled guest messages.
- File your first tax returns — including the zero ones.
- Walk the property yourself after clean one and clean two.
- Introduce yourself to the two closest neighbours and give them your mobile.
Day 90
You should have: every licence held and diarised for renewal, a cleaner and a backup, a vendor roster with agreed after-hours rates, eight to ten reviews, pricing on autopilot with a floor, and tax filings current.